San Diego Office Building Sold for $6.4 Million

Investor Charlie Jadallah of San Francisco has purchased an office property in San Diego’s Rose Canyon submarket for $6.4 million, according to brokerage firm Marcus & Millichap.

The seller of the 39,229-square-foot property, at 4141 Jutland Drive, was San Diego-based Davlyn Investments, represented by Marcus & Millichap’s Ben Tashakorian. The buyer was secured and represented by Marcus & Millichap’s Nick Totah.

Brokers said the three-story property, built on 2.05 acres in 1983, was 97 percent leased at the time of sale.